#BNB #BNB_Market_Update

BNB Chain has successfully implemented the Pascal hard fork, enhancing Ethereum Virtual Machine (EVM) compatibility and introducing features like gas fee abstraction, smart contract wallets, and batch transactions. This upgrade aims to improve transaction efficiency and developer support on the network.

Following this development, BNB has experienced a price increase of approximately 9.45% over the past week. Technical analysis indicates a bullish trend, with the price breaking above the $600 resistance level, suggesting potential for further gains. However, analysts caution that a daily close below $576.61 could invalidate this bullish outlook.

Looking ahead, BNB Chain has scheduled additional upgrades: the Lorentz hard fork in April 2025, aiming to reduce block times to 1.5 seconds, and the Maxwell hard fork in June 2025, targeting block times of 0.75 seconds.